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Updated about 4 years ago on . Most recent reply

User Stats

80
Posts
31
Votes
Brandon Fuhrman
  • Louisville, KY
31
Votes |
80
Posts

Advice on Real Estate Agent

Brandon Fuhrman
  • Louisville, KY
Posted

Hello BP!!

I am a rookie investor and looking to purchase my first property, through my local REIA group, I found a rock star real estate agent (we will call her Pam). Problem is, Pam is really busy and doesn't want to make the commute to show listings, so she passed me off to one of her assistants (Jordan). Jordan is a new real agent with 6 months of experience and doesn't invest in properties herself. Now even though Jordan will be showing me the listings, Pam said she will still help negotiate contracts, running comps, and answer any questions.

Should I try to get a different agent? I wanted to work with a rock star agent who has a lot of experience with investment properties and someone who could help fill my needs, not necessarily someone new.  However, I still like working close to Pam who has a lot of referrals and contractors and network. I am interested in long term relationships and people who can help years down the road. 


What are your thoughts?

Most Popular Reply

User Stats

646
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596
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Sean McDonnell
  • Real Estate Agent
  • Surf City, NC
596
Votes |
646
Posts
Sean McDonnell
  • Real Estate Agent
  • Surf City, NC
Replied

If Pam has built a successful real estate agent business where she has worked with a lot of investors in the past, I would assume that she knows what she is doing and knows how important it is to train the agents that work for her. Jordan is learning from probably one of the top investor friendly agents in your market. Also, Jordan might even be able to serve you better because she is less busy. Especially as an investor, you need to know your agent will answer when you call and be able to set up and conduct house showings quickly. Lastly, like you already stated, you will get access to their professional network of vendors which could prove to be valuable. Good luck in your search for an investment property!

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